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Tuesday 30 August 2016

Strong order book means “exciting” twelve months ahead for BATM (LON:BVC): ProactiveInvestors Stocktube

Published on Aug 30, 2016
BATM Advanced Communications Limited (LON:BVC) chief executive Zvi Marom says the next twelve months should be “exciting” for the tech firm.

Marom tells Proactive Investors that proof of concept trials are going well with several “major cyber” companies, and expects those trials to materialise into full contracts in the second half of 2016 and into 2017.
“We have now almost finished several proof of concepts with several governments on our cyber solutions [software],” Marom explains.

“We are seeing that customers that have tested the new technology are happy and we are expecting orders.”
Marom adds that the value of each of these contracts will be “in the millions of dollars.”

“Every such order, we believe, is in the millions of dollars, so we are pretty excited.”

As well as these government orders, Marom also expects BATM to send “a substantial amount of products” to China in the coming months.

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